Now is the time for companies to start considering what the CSRD will mean for their operations, reporting processes and reputations. CSRD: A Quick PrimerThe EU’s Corporate Sustainability Reporting Directive (“the CSRD”) may not be familiar to everyone, especially those in the U.S., but it’s worth keeping on your radar. Unlike many other mandatory disclosures, the CSRD will apply to many privately held companies with EU operations or subsidiaries. Preparedness & Compliance – A Stitch in Time…Many companies may not yet be sure if the CSRD applies to them—and that’s okay. And finally, even organizations well-versed in the CSRD will need to optimize their approaches; a one-size-fits-all approach simply does not exist.

Source: Wall Street Journal January 23, 2024 14:48 UTC